AST SpaceMobile's 0DTE $35 Call Options Take a Wild Ride Ahead of Satellite Launch
$AST SpaceMobile (ASTS.US)$'s surging options volatility fueled the heavy volume seen on zero-days-to-expiration (0DTE) call options that give the holders the right to buy the stock at $35.
ASTS shares climbed as much as 17% to $36.87 early Friday morning, building on the surge a day earlier after the company that's building the first space-based cellular broadband network said it plans to launch the first of its five commercial satellites in the first half of September. That boosted the appeal of the company that hasn't been profitable since late 2021. The rally didn't last.
The stock reversed course just half an hour after the market opened, slumping as much as 11% to $27.71 before paring those declines to 3.5% by 12:51 p.m. in New York. That wild price swing rippled through the options market. The 0DTE calls with the $35 strike price saw an implied volatility of more than 260%.
The price of those $35 call options climbed to a high of $3.20 earlier in the day when the stock traded above that strike price. Later, the options plunged as much as 94% to a low of 5 cents before trimming the declines to 7.5 cents. That volatility may have presented trading opportunities for many who are quick enough to react to the price movement and boosted the volume.
More than 19,000 of those $35 calls changed hands around noon time, almost double the open interest. That makes them the most active AST SpaceMobile options across 12 series of contracts stretching through Jan. 16, 2026, according to data tracked by moomoo.
(To see AST SpaceMobile's options chain, click here.)
In total, 311,050 AST call and put options were traded so far, making them the seventh most heavily traded stock options, behind $NVIDIA (NVDA.US)$, $Tesla (TSLA.US)$, $Apple (AAPL.US)$, $Palantir (PLTR.US)$, $Amazon (AMZN.US)$ and $Advanced Micro Devices (AMD.US)$. (To see the options ranking, click here.)
While the satellite launch prompted UBS to increase the stock price target to $30, from $13, that's still below the $35 strike price for the calls.
After the recent runup in the share price, technical indicators tracked by moomoo are flashing early warning signals, with 10 of the 15 gauges, including the relative strength index (shown below) implying that the stock could be overbought, and the trend may turn bearish.
Share your thoughts on ASTS or any stock that you're closely watching. And if you have a price forecast for ASTS, please vote below.
Disclaimer: This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Indexes are unmanaged and cannot be directly invested in. Past performance is no indication of future results. Investing involves risk and the potential to lose principal. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information regarding your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty regarding its adequacy, completeness, accuracy, or timeliness for any purpose of the above content. See this link for more information.
Options trading entails significant risk and is not appropriate for all customers. It is important that investors read Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request. Moomoo does not guarantee favorable investment outcomes. The past performance of a security or financial product does not guarantee future results or returns. Customers should consider their investment objectives and risks carefully before investing in options. Because of the importance of tax considerations to all options transactions, the customer considering options should consult their tax advisor as to how taxes affect the outcome of each options strategy. All company analysis information is provided by third parties and not by Moomoo Financial Inc. Any illustrations, scenarios, or specific securities referenced herein are strictly for informational purposes and is not a recommendation. Past investment performance does not guarantee future results. Investing involves risk and the potential to lose principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Options trading entails significant risk and is not appropriate for all customers. It is important that investors read Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request. Moomoo does not guarantee favorable investment outcomes. The past performance of a security or financial product does not guarantee future results or returns. Customers should consider their investment objectives and risks carefully before investing in options. Because of the importance of tax considerations to all options transactions, the customer considering options should consult their tax advisor as to how taxes affect the outcome of each options strategy. All company analysis information is provided by third parties and not by Moomoo Financial Inc. Any illustrations, scenarios, or specific securities referenced herein are strictly for informational purposes and is not a recommendation. Past investment performance does not guarantee future results. Investing involves risk and the potential to lose principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Moomoo Senior News and Community Manager
Former editor at Bloomberg, then Lazard Asset Management. Posts aren’t investment advice. Views are just mine.
4710Followers
16Following
12KVisitors
Follow
Bullish Law : good
Billy Griffin : It will surge after proven with the launch of it satellites
山芭佬 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Space Dust : did anyone here accurately predict or warn of the Nvidia drop, WHICH STILL HASNT Recovered.
like literally, who could miss that..? $140 -->$93.
the writing was on the wall..
here have a refresh..